SIJL: Special Advisory

Scotia Investments Jamaica Limited (SIJL) Scotia Investments Jamaica Limited (“Scotia Investments” or “the Company”) hereby announces that on July 24, 2017 the Supreme Court of Judicature of Jamaica issued an Order permitting the Company to convene a Meeting of its stockholders pursuant to which the Company would become a wholly-owned subsidiary of Scotia Group. Under the Scheme of Arrangement, if approved, stock units in the Company held by persons other than Scotia Group would be cancelled and Scotia Group would pay to each such stockholder the sum of $J38.00 per cancelled stock unit. Stockholders in Trinidad and Tobago will be paid in United States currency only and those in Jamaica will have the option to elect to receive payment in Unites States currency.

2017-07-27T20:18:36+00:00